What is Preformed Line Products Company's Shariah compliance score?

Preformed Line Products Company (PLPC) has a Shariah compliance score of 93/100 (Grade: A+, Excellent) based on AAOIFI screening standards. Scores above 70 typically indicate strong compliance. The score factors in business activity screening and financial ratio analysis including debt levels, interest-bearing deposits, and prohibited income percentages. View the full breakdown at HalalScreener.app.

Does Preformed Line Products Company pass AAOIFI screening?

Preformed Line Products Company (PLPC) passes AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (PLPC: 2.4%), (3) interest-bearing deposits below 30% (PLPC: 3.6%), and (4) prohibited income below 5% (PLPC: 0.3%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Preformed Line Products Company stock?

Preformed Line Products Company (PLPC) has a non-permissible income ratio of 0.34%. Muslim investors should purify this percentage of any dividends received and capital gains realized from PLPC shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen Preformed Line Products Company for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Preformed Line Products Company (PLPC) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about PLPC's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

PLPC: Is Preformed Line Products Company Halal?

Preformed Line Products Company

NASDAQIndustrialsUS

$327.43

-0.44%

Market Cap: 1.6B

Compliance Status

Halal

Screened on Jul 19, 2026 · AAOIFI Standard 21

A+

Excellent

93Score

Is Preformed Line Products Company (PLPC) halal? Halal. Based on AAOIFI screening, Preformed Line Products Company passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 93/100 (Grade: A+).

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Well clear of the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

2.4% of 30.0% limit

What this means for you

You can own PLPC

It passes both the business activity and financial ratio screens under AAOIFI Standard 21.

Purify 0.3% of your income from PLPC

That is about $0.30 of every $100 you earn from it. Donate this share to charity.

Calculate my exact amount

About Preformed Line Products Company

Preformed Line Products Company (PLPC), along with its subsidiaries, specializes in the design and manufacturing of a comprehensive range of products and integrated systems. These solutions are vital for constructing and maintaining overhead, ground-level, and underground network infrastructures across various industries, including energy, telecommunications, cable operation, and information technology. Their offerings encompass specialized formed wire products engineered to support, safeguard, terminate, and secure power conductors and communication cables, while also managing cable dynamics. Furthermore, PLPC provides diverse hardware components intended to brace and shield transmission conductors, such as spacers, spacer-dampers, stockbridge dampers, corona suppression devices, and various compression fittings used in dead-end applications. The company also produces protective closures essential for shielding fixed-line communication networks, including both copper and fiber optic cables, from moisture, environmental hazards, and other potential contaminants. Additional products include hardware assemblies, pole line hardware, resale items, underground connectors, solar hardware systems, guy markers, tree guards, fiber optic cable markers, pedestal markers, and urethane products, serving a multitude of applications in the energy, renewable energy, communications, cable, and specialized sectors. PLPC serves a global clientele, reaching public and private energy utilities, communication companies, cable operators, financial institutions, government agencies, contractors, subcontractors, distributors, and value-added resellers throughout the Americas, Europe, the Middle East, Africa, and the Asia-Pacific regions. The company markets its products via both an internal direct sales force and through manufacturing representatives. Established in 1947, Preformed Line Products Company is headquartered in Mayfield, Ohio.

Sector: Industrials · Industry: Electrical Equipment & Parts

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 19, 2026

Compliance History

Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

Tracked since May 2026. Updates automatically on each re-screen.

Fiscal: Q1 2026Data source: EDGAR

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Frequently Asked Questions

Is Preformed Line Products Company (PLPC) halal to invest in?

Based on AAOIFI Standard 21 screening, Preformed Line Products Company (PLPC) is rated Halal with a compliance grade of A+ (Excellent). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).

Why did Preformed Line Products Company get a A+ compliance rating?

Preformed Line Products Company (PLPC) received a grade of A+ (Excellent) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 2.4% (limit 30%); interest-bearing deposits of 3.6% (limit 30%); prohibited income of 0.34% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Preformed Line Products Company's Shariah verdict?

Preformed Line Products Company's verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.

How often is Preformed Line Products Company re-screened for Shariah compliance?

Preformed Line Products Company (PLPC) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jul 19, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.